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This $1 Marijuana Stock on the Verge of Breakout?

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Pot stocks have been on a tear... with the North American Marijuana Index up 203% over the past three years. Pot is fully legal in 11 U.S. states and medical marijuana is legal in 33 states. The Canadian government has now officially legalized pot for personal use across the country. In this post-legalization boom, the upside potential for marijuana stocks remains high, driven by speculation.

One marijuana stock we’ve been very positive on just reported a 3,300% increase in its fiscal second quarter revenue (over same quarter of last year). Yes, that’s 3,300% growth in sales. The company operates 25 legal and licensed pot stores with plans to open another 85 stores within the next two years! No wonder we’re so excited about this company!

You can learn all about this $1 marijuana stock in a special hot-off-the-press investor research report we’ve prepared called, This $1 Marijuana Stock on the Verge of Breakout? It’s yours FREE when you opt in for our FREE tech investing e-letter, Profit Confidential.

 

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This $1 Marijuana Stock on the Verge of Breakout?

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This $1 Marijuana Stock on the Verge of Breakout?

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Every investor has a story about the big one that got away. Consider Amazon.com. It was both a “top dog” and a first mover in e-commerce. If you had invested just $10,000 in the online retailer back in 1997, your stake would be worth more than $4 million today. Amazon is hardly an exception. The list of the stock market’s greatest all-time winners is filled with pioneering companies:

Amgen…eBay…Oracle…Google…Netflix…Apple…Qualcomm…Facebook…and more. These innovative firms all made fortunes for their early investors. Finding the next great tech company is our main goal at Profit Confidential. Since 1986, our firm has been dedicated to helping investors earn superior returns through unbiased financial research. We strive to deliver to our readers thorough analyses of current tech trends, events, and investment opportunities in this daily bulletin. Combined, we have more than 100 years of experience in analyzing various investment markets. Our analysts include MBAs, BAs, B.Comms, P. Engs, MAs, and LLBs. Get our opinions and forecasts coming to you daily when you opt in for Profit Confidential now!


George Leong, B.Comm.

George Leong is a senior analyst at Lombardi Publishing Corporation. He has been involved in analyzing the stock market for three decades, employing both fundamental and technical analysis. His overall market timing and trading knowledge are extensive in the areas of small-cap research and options trading.

George is the editor of several of Lombardi’s popular financial newsletters, including Red-Hot Small-Caps, Lombardi’s Special Situations, Obscene Profits, Pennies to Millions, and 100% Letter.

In the past, George has written technical and fundamental columns for numerous stock market news web sites, and he is the author of two books, Quick Wealth Options Strategy and Mastering 7 Proven Options Strategies. Prior to starting with Lombardi, George was employed as a financial analyst with Globe Information Services.

Stephen Karmazyn, BA

Stephen Karmazyn is an analyst at Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries, with a spotlight on the new marijuana sector.

Stephen has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies.

John Whitefoot, BA

John Whitefoot is an analyst at Lombardi Publishing Corporation, specializing in low-priced investment opportunities.

John has been a financial writer since the late 1990s and has written on everything from penny stocks, to blue-chip stocks, to the broader issues that affect the stock market.

John has profiled more than 1,000 low-priced stocks, researching and covering numerous sectors including health care, media, manufacturing, IT, education, hospitality, natural resources, retail, and the new marijuana industry.

John is primarily a fundamental analyst. His focus is on “off-the-radar” situations with big upside potential for the individual investor.

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This $1 Marijuana Stock on the Verge of Breakout?

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